Luxfer Holdings Plc · NYSE:LXFR
Luxfer — Investor Presentation (September 2024)
22 slides from Luxfer's investor presentation, September 2024
Slide 1: Investor Presentation September 2024
INVESTOR PRESENTATION September 2024 CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 1
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. Examples of such forward-looking statements include but are not limite
Slide 3: We are Luxfer
We are Luxfer We help to create a safe, clean and energy efficient world CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 3
Slide 4: Luxfer Overview (NYSE: LXFR)
LUXFER OVERVIEW (NYSE: LXFR) Company Description Full Year 2023 Sales Breakdown (excluding Graphic Arts) Luxfer is a global industrial company innovating niche applications in materials engineering. Luxfer’s high-performance materials, components and by End Market by Geography high-pressure gas cont
Slide 5: Materials Technology Leadership
MATERIALS TECHNOLOGY LEADERSHIP Innovation leader in the use MAGNESIUM ALLOYS ZIRCONIUM CATALYSTS High of magnesium alloys for critical Performance applications in aerospace, defense, and Magnesium other industries as well as in flameless Elektron Alloys heating applications Segment Expertise in hig
Slide 6: Manufacturing Excellence Footprint
MANUFACTURING EXCELLENCE FOOTPRINT Elektron • Manchester, UK Gas Cylinders • Flemington, NJ • Saxonburg, PA • Riverside, CA • Tamaqua, PA • Calgary, Canada • Cincinnati, OH • Pomona, CA • Nottingham, UK • Shanghai, China *Excludes held for sale operations Ten major manufacturing locations around the
Slide 7: Q2 2024 Key Highlights
Q2 2024 KEY HIGHLIGHTS Sales and profitability: Meeting expectations with sequential Q2’24 KEY FINANCIALS* profit improvement over the past two quarters Financials Legal: Recognized $5.1 million of legal expense recovery $91.8M Balance sheet: Healthy with low net debt and leverage (1.6x*) Adjusted S
Slide 8: Aligned with Secular Growth Trends
ALIGNED WITH SECULAR GROWTH TRENDS Composite cylinders and systems Zirconium-based emissions control for Alternative Fuel, including and industrial catalysis materials Clean Energy Hydrogen and Compressed Natural Gas Lightweight carbon fiber cylinders Magnesium alloys for aerospace for breathing equ
Slide 9: Innovation for Future Growth
INNOVATION FOR FUTURE GROWTH THE LUXFER BUSINESS SYSTEM: CNG Cylinders: Bulk Gas Modules: Unitized Group Rations: y Co ra teg ent Exc mme St loy m ell rc p en ia De ce l Excellence Operations People CUSTOMER GROWTH Lean • Advanced high- • Cutting-edge gas • Strong recent market pressure tank transpo
Slide 10: Positioned for Value Creation
POSITIONED FOR VALUE CREATION THE LUXFER BUSINESS SYSTEM Strategic Delivering Innovation in Advanced Operational Portfolio Long- Term Clean Energy Materials Excellence Management Value C U STO M E R G ROW T H D R I V E RS Sustainable Growth and Value Creation through Innovation, Excellence, and Stra
Slide 11: Thank You
THANK YOU CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 11
Slide 12: Appendices
APPENDICES Segment Financial Detail and Reconciliation of Non-GAAP Measures CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 12
Slide 13: Comprehensive Strategic Review Update
COMPREHENSIVE STRATEGIC REVIEW UPDATE A C C E L E R AT E D A N D E X PA N D E D A N N U A L S T R AT E G I C R E V I E W 1 SALE OF GRAPHIC ARTS BUSINESS • Business Performance: Improved following losses in 2023 and Q1’24 Comprehensive, • Process Status: Competitive process approaching final stages p
Slide 14: Condensed Consolidated Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 14
Slide 15: Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 15
Slide 16: Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 16
Slide 17: Reconciliation: Adjusted Net Income and Adjusted EPS
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 17
Slide 18: Reconciliation: Adjusted EBITDA
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED EBITDA CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 18
Slide 19: Reconciliation: Net Sales and Adjusted EBITDA by Segment
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: NET SALES AND ADJUSTED EBITDA BY SEGMENT CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 19
Slide 20: Reconciliation: Adjusted Effective Tax Rate
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED EFFECTIVE TAX RATE CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 20
Slide 21: Reconciliation: Net Debt Ratio and Free Cash Flow
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: NET DEBT RATIO AND FREE CASH FLOW NET DEBT RATIO (UNAUDITED) FREE CASH FLOW (UNAUDITED) CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 21
Slide 22: CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK
CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 22
Luxfer Holdings — Investor Presentation (September 2024) on 6ix